Thats right. [applause] i used to say that, i had fun with that but we are winning, were winning again, were winning a lot bigger than anyone ever thought possible for such a short period of time. For too long our tax code has incentivized companies to leave our country in search of lower tax rates. It happens. Many, many there going all over asia. They are stopping. They want to take advantage of what is happening and what were about to pass hopefully. My administration rejects the offshoring model. In other words, lets build a factory in another country. Isnt that wonderful . That really helps us a lot. Fire everybody and lets build the product and send in without tax. That model never worked for me. It shouldnt have worked for any of other past president s, believe me. New model is american model. Call it the trump model where we build it here. As much as possible we build it here. Simply put our tax plan is antioffshoreing and 100 worker, 100 pro america. [cheers and applause] unth
In 18 months im turning over the keys. I want to make sure im turning over the keys to somebody who is serious about the Serious Problems that the country faces and the world faces. Note hes turning over the keys and he wants to make sure he is turning them over to someone who is serious. Last time i checked it was the American Voter who turned over the president s keys and American Voters that would be making the decision on who those keys would be turned over here. Is the president being too presumptuous . We have a democrat richard goodstein, former mccain advisor, and blake burman live from the white house. Im starting with you. I call it print schuss, what is your presumptuous. Reaction. President obama doesnt want. Trish go ahead. President obama doesnt want discussion on iran nuclear deal. He knows it will be undone unless Hillary Clinton becomes of the united states. He wants to protect his legacy and wants to label Mike Huckabee and rest of the gop as a bunch of crazies. What
Region. One day after a deadly bomb blast at a hotel in neighboring somalia. The president also speaking out against republican president ial candidates who attacked his policies over the weekend. We have the latest in this war of words. Hey, chinas markets are set to open in less than 6 1 2 hours. So lets start the countdown. Liz breaking news. China chewing up wall street after demonstrating a week of stabilization thanks to massive government intervention. Last night a freefall so severe, it is affecting our markets negatively right now. Spin it forward, 6 1 2 hours away from the hang seng in hong kong and the shanghai and shen gin indexes opening again. What can u. S. Inspectors expect the day after the huge fall. How will it impact your money. We take it to the traders watching and waiting at trading floors around the nation and gerri willis. Scott, to you first. What do you think happens when china opens for business . Three hours ago, they said theyre going to put measures back
Shanghai index was off 8 1 2 our time. That is the worst performance since 2007. Chinese regulators investing with the market. Investors losing confidence that china cant maintain its market that of course would set off a Ripple Effect through global economies. We saw action in the price of oil, falling on expectations of weaker demand and oversupply issues. What i found interesting so many house hole names do significant business in china. We saw breakdown of shares in prodly weak market. Apple down 1. 3 . Conference call on latest Earnings Call from apple pointing to a focus on apple, im sorry, china, apple, key markets. Shares of apple down 1. 3 . After the Earnings Call apple shares fell precipitously because of concern about demand for apple products there. Yum brands, Las Vegas Sands and wynn resorts have huge resorts in macau. That is a big trouble spot. Wynn resorts down 3. 2 . Baidu, down 4 1 2 . Baidu reporting earnings after the bell today. They released very troubling Secon
Suspension is too severe considering dallas defensive end breath hardy will serve the same fourgame suspension for his role in a Domestic Violence case. Nfl Players Association and brady are widely expected to challenge this decision in federal court which if he get as injunction would allow him to play while the case makes its way through the courts. Melissa were waiting for results from twitter, to see if the company bounces back after catastrophic april Earnings Report that eroded 25 of the companys market cap overnight. Which have gary kaltbaum, kaltbaum Capital Management and Fox News Contributor and kelvin kelly, recon partners. Thanks to you both for joining us. Gary, what are you expecting here . The good news the stock is weighed down but it is bad news because it tells you what the market expects of it. They will probably meet estimates or beat by a penny as the usually does. For a stock, throw a ball in the area. Will be about the reaction if it is good one it will go back o